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Pinus Sylvestris

Active
Public limited companyfounded 2024active for 2 yearsEsplanade Oscar Van de Voorde 1, 9000 Gent, BelgiumKBO/BCE: BE 1010.929.644
Summary

Pinus Sylvestris has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €879,497 and a net result of -€120,503. Its solvency ranks better than 40% of 5,795 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-06-2024 Normal situation
Registered office
96 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Buying and selling of own real estate NACE 68110
Establishment unit
2.367.058.633 9000 Gent, since 28-06-2024
Financial year end
31 December
Peppol
Reachable since 27-08-2025

Board and ownership

Board
  • MG RE InvestmentManaging director · permanent representative Ignace De Paepe
  • MEA VOTA ONEDirector · since 28-06-2024 · permanent representative Anja Tackaert
  • PRODITDirector · since 28-06-2024 · permanent representative Ignace Tytgat
and 4 others
Shareholders

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€12,820
Loss
€120,503
Equity
€879,497
Total assets
€3.3m
Score breakdownraises riskLiquidity: current ratio 1.17, cash €39,121lowers riskSize: total assets €3.3mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 15-06-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 26% of small companies in real estate (NACE 68)
Financial strength
Weak
Solvency 52
equity 26.8% of total assets
Liquidity 12
short-term debt 73.2% · cash 1.2%
Profitability 28
return on assets -3.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 07-2025: 0.6% 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.7%▲ +0.1 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.8 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €80,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is tight, with a current ratio of 1.17, below the usual 1.5. Short-term debt is 73.2% and cash 1.2% of total assets. 73.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 47% of them on solvency, 11% on liquidity and 21% on profitability.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 15-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.17, cash €39,121
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
46 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Lower net result than 84% of companies in real estatesector median €20,550 · 5,802 companies -€120,503 View
  • New directorlatest change 22-06-2026 · 7 in office 1 joined View

Recent changes

  1. · Gazette deed 6 directors appointedAppointments: MG RE Investment BV, Prodit BV and 3 others · Permanent representatives: Ignace De Paepe, Ignace Tytgat and 3 others
  2. · Gazette deed IncorporationStarting capital €1,000,000 · Appointments: MG RE Investment, MEA VOTA ONE and 3 others · Permanent representatives: De Paepe, Ignace Albert Adile, Tackaert, Anja Paula and 2 others
All 3 events

Comparable companies

These companies have the same main activity as Pinus Sylvestris: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €2.5m and €4m, founded between 2024 and 2025.

CompanyTotal assetsGross margin
Pinus Sylvestris Gent€3.3m-€0.01m
EB Estate Ottignies-Louvain-la-Neuve€3.3m-€0.09m
FORTA Hoogstraten€2.9m-€0.02m
Global Normande Oostkamp€4.0m-€0.04m
United Value Antwerpen€2.5m-€0.002m
Kreleo Zoutleeuw€4.0m-€0.07m
MANNEBEEK Knokke-Heist€3.8m-€0.01m
Full comparison

Key facts about Pinus Sylvestris

What is the company number of Pinus Sylvestris?
The company number of Pinus Sylvestris is 1010.929.644. The VAT number is the same number with BE in front: BE 1010.929.644.
Where is Pinus Sylvestris based?
The registered office is at Esplanade Oscar Van de Voorde 1, 9000 Gent.Company details
What does Pinus Sylvestris do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of Pinus Sylvestris?
The legal form of Pinus Sylvestris is Public limited company (NV).
When was Pinus Sylvestris founded?
Pinus Sylvestris was founded on 28-06-2024.
Is Pinus Sylvestris still active?
Yes, Pinus Sylvestris is an active enterprise in the KBO register.
What is the turnover of Pinus Sylvestris?
The annual accounts for financial year 2025 state no turnover.Financials
Is Pinus Sylvestris profitable?
In financial year 2025, Pinus Sylvestris made a loss of €120,503.
Where can I find the annual accounts of Pinus Sylvestris?
Pinus Sylvestris filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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